Corning Incorporated

32.25-0.4100-1.26%Vol 733.58K1Y Perf -14.84%
Mar 24th, 2023 10:51 DELAYED
BID32.24 ASK32.25
Open32.41 Previous Close32.66
Pre-Market32.44 After-Market-
 -0.22 -0.67%  - -
Target Price
38.40 
Analyst Rating
Moderate Buy 2.00
Potential %
18.70 
Finscreener Ranking
     42.09
Insiders Trans % 3/6/12 mo.
-100/-100/-100 
Value Ranking
★★     47.22
Insiders Value % 3/6/12 mo.
-100/-100/-100 
Growth Ranking
★★★     50.72
Insiders Shares Cnt. % 3/6/12 mo.
-100/-100/-100 
Income Ranking
★★★     44.31
Price Range Ratio 52W %
33.62 
Earnings Rating
Strong Sell
Market Cap27.32B 
Earnings Date
25th Apr 2023
Alpha-0.00 Standard Deviation0.08
Beta0.95 

Today's Price Range

32.1132.48

52W Range

28.9838.71

5 Year PE Ratio Range

-39.0095.60

Summary:

Sell

Technical Indicators: Sell
Moving Averages: Strong Sell
Performance
1 Week
-0.49%
1 Month
-4.81%
3 Months
2.87%
6 Months
7.75%
1 Year
-14.84%
3 Years
63.14%
5 Years
17.57%
10 Years
166.59%

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GLW32.25-0.4100-1.26
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JPM124.15-2.6900-2.12
 
ProfitabilityValueIndustryS&P 500US Markets
33.60
18.20
28.50
13.20
13.10
RevenueValueIndustryS&P 500US Markets
10.78B
12.75
6.58
6.69
DividendsValueIndustryS&P 500US Markets
3.05
1.08
8.59
11.12
Payout ratio84.00
Earnings HistoryEstimateReportedSurprise %
Q04 20220.440.476.82
Q03 20220.510.510.00
Q02 20220.560.571.79
Q01 20220.490.5410.20
Q04 20210.510.545.88
Q03 20210.580.56-3.45
Q02 20210.510.533.92
Q01 20210.420.457.14
Earnings Per EndEstimateRevision %Trend
12/2022 QR0.44-24.14Negative
12/2022 FY2.06-7.21Negative
3/2023 QR0.43-27.12Negative
12/2023 FY2.23-10.08Negative
Next Report Date25th Apr 2023
Estimated EPS Next Report0.39
Estimates Count7
EPS Growth Next 5 Years %6.50
Volume Overview
Volume733.58K
Shares Outstanding847.23K
Shares Float750.61M
Trades Count9.37K
Dollar Volume23.71M
Avg. Volume4.19M
Avg. Weekly Volume4.29M
Avg. Monthly Volume4.09M
Avg. Quarterly Volume4.19M

Corning Incorporated (NYSE: GLW) stock closed at 32.66 per share at the end of the most recent trading day (a -0.34% change compared to the prior day closing price) with a volume of 3.97M shares and market capitalization of 27.32B. Is a component of S&P 500, Russell 1000 indices and it is traded on NYSE exchange. The company belongs in the Hardware industry, Technology sector and employs 50110 people. Corning Incorporated CEO is Wendell P. Weeks.

The one-year performance of Corning Incorporated stock is -14.84%, while year-to-date (YTD) performance is 2.25%. GLW stock has a five-year performance of 17.57%. Its 52-week range is between 28.98 and 38.705, which gives GLW stock a 52-week price range ratio of 33.62%

Corning Incorporated currently has a PE ratio of 16.50, a price-to-book (PB) ratio of 2.65, a price-to-sale (PS) ratio of 2.78, a price to cashflow ratio of 10.10, a PEG ratio of 2.32, a ROA of 6.82%, a ROC of 10.65% and a ROE of 17.05%. The company’s profit margin is 13.10%, its EBITDA margin is 28.50%, and its revenue ttm is $10.78 Billion , which makes it $12.75 revenue per share.

Of the last four earnings reports from Corning Incorporated, there were 3 positive earnings surprise and 0 negative earnings surprise. The company has EPS estimate of $0.39 for the next earnings report. Corning Incorporated’s next earnings report date is 25th Apr 2023.

The consensus rating of Wall Street analysts for Corning Incorporated is Moderate Buy (2), with a target price of $38.4, which is +18.70% compared to the current price. The earnings rating for Corning Incorporated stock is Strong Sell (calculated from actual period earnings estimates revision (80% weight) and previous period earnings surprise (20% weight)).

Corning Incorporated has a dividend yield of 3.05% with a dividend per share of $1.08 and a payout ratio of 84.00%.

Corning Incorporated has a Sell technical analysis rating based on Technical Indicators (ADX : 6.48, ATR14 : 0.82, CCI20 : -97.59, Chaikin Money Flow : -0.14, MACD : -0.53, Money Flow Index : 36.22, ROC : -5.17, RSI : 39.33, STOCH (14,3) : 7.71, STOCH RSI : 0.32, UO : 40.63, Williams %R : -92.29), Simple Moving Averages and Exponential Moving Averages.

Aggregated Insider Trades of Corning Incorporated in the last 12-months were: Anne Mullins (Option Excercise at a value of $0), Avery H. Nelson (Option Excercise at a value of $0), Cheryl C. Capps (Option Excercise at a value of $35 232), Cheryl C. Capps (Sold 8 723 shares of value $311 176 ), David L. Morse (Option Excercise at a value of $0), Edward A. Schlesinger (Option Excercise at a value of $0), Eric S. Musser (Option Excercise at a value of $0), Jeffrey W. Evenson (Option Excercise at a value of $0), John P. Bayne (Option Excercise at a value of $0), John P. Bayne (Sold 5 575 shares of value $204 630 ), John Z. Zhang (Option Excercise at a value of $0), John Z. Zhang (Sold 10 399 shares of value $371 597 ), Lawrence D. McRae (Option Excercise at a value of $562 487), Lawrence D. McRae (Sold 41 990 shares of value $1 440 483 ), Lewis A. Steverson (Option Excercise at a value of $949 788), Lewis A. Steverson (Sold 41 066 shares of value $1 531 437 ), Li Fang (Option Excercise at a value of $285 711), Li Fang (Sold 19 909 shares of value $700 178 ), Martin J. Curran (Option Excercise at a value of $0), Michael Alan Bell (Option Excercise at a value of $485 565), Michael Alan Bell (Sold 21 684 shares of value $773 600 ), R. Tony Tripeny (Option Excercise at a value of $706 326), Robert P. France (Option Excercise at a value of $0), Robert P. France (Sold 4 941 shares of value $171 357 ), Ronald L. Verkleeren (Option Excercise at a value of $0), Stefan Becker (Option Excercise at a value of $0), Wendell P. Weeks (Option Excercise at a value of $2 031 252), Wendell P. Weeks (Sold 97 167 shares of value $3 450 361 )

Analyst RatingsCurrent1 M ago3 M ago
Strong Buy
5 (50.00 %)
5 (50.00 %)
6 (54.55 %)
Moderate Buy
0 (0.00 %)
0 (0.00 %)
0 (0.00 %)
Hold
5 (50.00 %)
5 (50.00 %)
5 (45.45 %)
Moderate Sell
0 (0.00 %)
0 (0.00 %)
0 (0.00 %)
Strong Sell
0 (0.00 %)
0 (0.00 %)
0 (0.00 %)
Summary RatingModerate Buy
2.00
Moderate Buy
2.00
Moderate Buy
1.91

Corning Incorporated

Corning is a leader in materials science, specializing in the production of glass, ceramics, and optical fiber. The firm supplies its products for a wide range of applications, from flat-panel displays in televisions to gasoline particulate filters in automobiles to optical fiber for broadband access, with a leading share in many of its end markets.

CEO: Wendell P. Weeks

Telephone: +1 607 974-9000

Address: One Riverfront Plaza, Corning 14831, NY, US

Number of employees: 50 110

Bearish or Bullish?
WeekMonthThree MonthsSix Months

Bearish Bullish

67%33%

Bearish Bullish

61%39%

Bearish Bullish

55%45%

Bearish Bullish

56%44%

TipRanks News for GLW

Wed, 01 Feb 2023 14:16 GMT Analysts Top Technology Picks: Corning (GLW), Kratos Defense (KTOS)

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